Crexendo, Inc. — Director's Dealing 2020

Sep 28, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Crexendo, Inc. (CXDO)
CIK: 0001075736
Period of Report: 2020-09-28

Reporting Person: Williams David Roy (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-28	Common Stock	M	15000	$1.85	Acquired	35000	Direct
2020-09-28	Common Stock	S	15000	$5.115	Disposed	20000	Direct
2020-09-28	Common Stock	M	25000	$1.11	Acquired	45000	Direct
2020-09-28	Common Stock	S	25000	$5.115	Disposed	20000	Direct
2020-09-28	Common Stock	M	10000	$1.56	Acquired	30000	Direct
2020-09-28	Common Stock	S	10000	$5.115	Disposed	20000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-28	Non-Qualified Stock Options	$1.85	M	15000	Disposed	2022-01-05	Common Stock (15000)	Direct
2020-09-28	Non-Qualified Stock Options	$1.11	M	25000	Disposed	2022-12-31	Common Stock (25000)	Direct
2020-09-28	Non-Qualified Stock Options	$1.56	M	10000	Disposed	2024-03-07	Common Stock (10000)	Direct

Footnotes

F1: These shares were sold by the reporting person as a selling stockholder in conjunction with our Form S-1 filing, Registration Number 333-248767. The offering closed on September 28, 2020. The reported sale price reflects the price at which the reporting person sold shares to the underwriters.